3703 Sheraton Avenue

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3703 Sheraton Avenue

Pharr, TX 78577
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The asset is a four-unit multifamily residential apartment building.
  • Property is situated at 3703 Sheraton Avenue in Pharr, Texas.
  • Located within the growing Rio Grande Valley regional housing market.
  • Suitable for investors seeking small-scale multi-family residential income properties.
  • The Pharr submarket serves as a significant regional logistics center.

What's Special

This four-unit multifamily apartment building is located at 3703 Sheraton Avenue in Pharr, Texas. The property serves the local residential market in the Rio Grande Valley, a region known for its expanding logistics and international trade sectors near the Mexican border. As an asset type, this building is suited for investors looking to hold income-generating residential real estate in a growing market that maintains consistent demand for multi-family housing options. The layout supports efficient property management and tenant retention within the local community. Pharr remains a key logistical hub in the metro area, benefiting from proximity to major transit arteries that connect the region to wider Texas markets and international trade routes. Prospective buyers may find this asset aligns with strategies focused on small-scale residential portfolios or long-term rental income stabilization.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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